How to start SIP in Navi step by step (A Complete Guide 2026)

Understanding Your Investment Options

When you decide to invest in Navi Mutual Fund, you’ll have two powerful options available:

If you want to invest your funds all at once, go for the lump sum option. However, if you prefer building wealth gradually through monthly investments, the SIP route is your best bet.

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Complete Step-by-Step Installation Process

1 Download the Navi App

First things first – you need to get the official Navi Mutual Fund app on your smartphone. Here’s how:

• Click on the direct link provided in the video description
• You’ll be redirected to the official app page
• Click on “Install” to download the app
• Wait for the installation to complete
• Open the app once installed

2 Mobile Number Verification

Once you open the app, the registration process begins with a simple mobile verification:

• Enter your mobile number in the field provided
• Click on “Get OTP”
• An OTP (One-Time Password) will be sent to your mobile
• The OTP usually gets auto-verified automatically
• If not, enter it manually and click “Verify”

3 Grant Required Permissions

After verification, you’ll need to grant the app necessary permissions. Click on “Allow” when prompted. This is essential for the app to function properly and provide you with a seamless investment experience.

Exploring the Navi Home Interface

Once you’re inside, you’ll see Navi’s comprehensive dashboard offering multiple financial services:

• Cash Loan
• Home Loan
• Mutual Funds
• Digital Gold
• Health Insurance
• Top-up Insurance

Since we’re focusing on investments, simply click on the “Mutual Fund” option. You can either click on “With ₹10” or scroll down to find the “Investment” button.

Starting Your Investment Journey

Initial Setup

When you click on mutual funds, you’ll see an attractive message: “All You Need ₹10 To Start Investing” – truly revolutionary! Click on “Start Now” to proceed.

Personal Details Registration

Your details will automatically populate in some fields, but you’ll need to fill in the following information carefully:

1. Email ID: Enter your active email address
2. Marital Status: Select Single or Married
3. Date of Birth: Enter your DOB accurately
4. Click “Next” to continue

Employment Information

Next, you’ll need to provide your employment details:

• Type of Occupation: Choose from Salaried, Student, Housewife, or Self-employed
• Source of Income: Specify your income source
• Annual Income: Select your yearly income bracket

Bank Account Linking Process

After your documents and personal details are verified, it’s time to link your bank account. This is crucial for seamless transactions:

Choosing Your Linking Method

You have two options:

Bank Details Entry

If you choose the “Using Bank Details” option:

1. Click on “Continue”
2. Enter your Bank Name
3. Enter your IFSC Code
4. Enter your Account Number
5. Click “Next”

A verification process will begin where ₹1 will be debited or credited to your account – this is only for account verification purposes. Once verified, you’ll see “Account Setup Completed”.

Making Your First Investment

Selecting a Mutual Fund Scheme

Now comes the exciting part! Return to the home interface and click on “Mutual Fund”. You’ll find numerous mutual fund schemes available:

• Equity funds
• Debt funds
• Index funds (like Nifty Bank Index Fund)
• Hybrid funds

Choose any scheme according to your knowledge and investment goals. For this example, let’s select the Nifty Bank Index Fund.

Investment Amount Entry

• Enter your desired investment amount
• Remember: minimum is just ₹10!
• Click on “Pay Now”
• An OTP will be sent to your mobile for verification
• It will auto-verify in most cases

Payment Completion

You can complete the payment through:

• Net Banking: Recommended if you have it enabled
• UPI: Quick and convenient

Once you complete the payment (let’s say ₹100), you’ll see a confirmation: “Payment Successfully Completed”. Congratulations! You’ve just made your first lump sum investment.

Setting Up Your SIP (Systematic Investment Plan)

Now that you’ve completed your lump sum investment, it’s time to set up regular monthly investments through SIP.

SIP Configuration Steps

1 Click on “Setup SIP”

2 Choose SIP Frequency:

• 30 days (Monthly) – Most popular
• 15 days (Bi-monthly)
• 7 days (Weekly)

Select Monthly if you want payments to be debited once every month.

3 Select Investment Amount:

Choose the installment amount that fits comfortably in your monthly budget.

4 Select Debit Date:

Choose the date when you want the amount to be debited from your account. Most people choose dates between the 1st and 10th (after salary credit) or around the 28th of each month.

5 Click “Create SIP”

Setting Up Auto-Pay (E-NACH/Mandate)

After creating the SIP, you need to set up auto-pay to ensure smooth monthly payments:

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1. An OTP will be sent to your mobile for verification
2. You’ll see two options: “Pay Installment Smartly” with Net Banking/Debit Card/UPI
3. Choose Net Banking or Debit Card for setting up the mandate
4. Click on “Setup Auto Pay”

Mandate Creation Methods

Method 1: Using Debit Card

• Select your bank account
• Choose “Debit Card” option
• Enter card details (just like on e-commerce sites):
  • Card number
  • Expiry date
  • CVV
  • Cardholder name
• Submit the OTP sent to your registered mobile
• ₹1 will be debited/credited for verification
• Your mandate will be created successfully

Method 2: Using Net Banking

• Select your bank account
• Choose “Net Banking” option
• Log in to your net banking
• Submit the OTP received
• ₹1 will be debited for mandate verification
• Your E-NACH will be successfully created

Why Navi Mutual Fund Stands Out

Here’s why this is an incredible opportunity for investors, especially students and beginners:

• Lowest Entry Barrier: Start with just ₹10 while other platforms require ₹500 minimum
• Perfect for Students: Even with pocket money, you can start building wealth
• Flexible Options: Choose between lump sum and SIP based on your needs
• Multiple Schemes: Wide variety of mutual fund schemes to choose from
• Automatic Investing: Set up SIP once and forget about it – investing becomes effortless
• Reward Opportunities: Chance to win up to ₹25 lakhs
• User-Friendly Interface: Easy to navigate even for first-time investors

Disclaimer: Mutual fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. We are not responsible for any loss and you can visit official website of navi.